I think the same. Its in history books now. how to get peoples money sucked in BBP management is good in doing that. Fisrt announcing asset sales news in this quarter so investors can jump in and then revise EBITDA down. Banks called in. suspension now. I have lost money on this one it seems...
Not bad announcement after all late in the afternoon looks like they will get the banks sort out the loans. Was expecting some power station sale though.
drop in sp further before close. sounds like 3-5 cents is not far away. maybe by middle of next week. what a great ride one week and a disastrous the other. I think BBI management should get their act together and sell of 100% DBCT now above 2.6 billion. By selling only 49% they are just holding...
The way things are going with BBI and their problems with selling assets looks like Banks will pull the pin on this one too. Then Beppa and BBI will both will be wortless as the Banks will take all the cream.
If they amend BBP terms good news for BBI, incase they pull the pin on BBP BBI is...
hope the Banks keep BBP going and dont do what they did to BNB. Lets see what material transaction are they gona announce later today. Since last year I have been following BBP they never come up with good news.
what happened to their east west portfolio offers. no talk about that at all...
Why buy BEPPA aswell, BBI sp drop makes Beppa fall too. Soon both will be around 5 cents.What a disastrous week its been for BBI. Can they ever come up with good news for change.
If sparcs voting goes bad tomorrow BBI will be around 8 cents. BBP bad news could also help in smashing the sp. would like to pickup some BEPPA under 10 cents tomorrow
BEPPA is being hammered today big time. Is that something to do with sparcs voting tomorrow. I sold BBI holding today thinking of switching to BEPPA more.
the reason for trading halt
MELBOURNE, May 13 (Reuters Basis Point) - Babcock & Brown
Power Ltd (BBP.AX) (BBP) is in talks with its lenders to amend
the terms on a A$2.6 billion ($2 billion) project finance loan
to give it breathing space to sell assets, banking sources
said.
The terms...
I wish Banksa information is correct and hopefully its a take over bid.
Even at 20 cents would be cheap. If it was a takeover bid surely info would have leaked and BBP would be going north rather south before trading halt.
On the contrary Iam wont be surprised if the Banks have pulled the pin...
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